Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...

Investors might want to bet on New York Times Co. (NYT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...

The New York Times Company (NYT) continued with its decent performance in the first quarter of 2024. The company's adjusted earnings per share came in at 31 cents, which surpassed the Zacks Consensus Estimate of 18 cents. The figure marked a substantial increase from the year-ago adjusted earnings of 19 cents a share. Total revenues of $594 million came ahead of the Zacks Consensus Estimate of $591 million and increased 5.9% year over year.The New York Times Company added approximately 210,000 net digital-o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 1-5837 THE NEW YORK TIMES COMPANY (Exact name of registrant as specified in its charter) New York 13-1102020 (State or other jurisdiction ...

First Quarter 2024 Earnings Presentation May 8, 2024 Forward-Looking Statements Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Terms such as "aim," "anticipate," "believe," "confidence," "contemplate," "continue," "conviction," "could," "drive," "estimate," "expect," "forecast," "fu ...

The New York Times Company (NYSE:NYT) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Anthony DiClemente - Senior Vice President of Investor Relations Meredith Kopit Levien - President and Chief Executive Officer William Bardeen - Executive Vice President and Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Jason Bazinet - Citi Vasily Karasyov - Cannonball Research Thomas Yeh - Morgan Stanley Douglas Arthur - Huber Research Partners Operator Good m ...

New York Times Co. (NYT) reported $594.02 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.9%. EPS of $0.31 for the same period compares to $0.19 a year ago.The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $590.64 million. With the consensus EPS estimate being $0.18, the EPS surprise was +72.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

New York Times Co. (NYT) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.22%. A quarter ago, it was expected that this newspaper publisher would post earnings of $0.60 per share when it actually produced earnings of $0.70, delivering a surprise of 16.67%.Over the last four quarters ...

The New York Times Company Reports First-Quarter 2024 Results NEW YORK, May 8, 2024 – The New York Times Company (NYSE: NYT) announced today first-quarter 2024 results. Key Highlights • The Company added approximately 210,000 net digital-only subscribers compared with the end of the fourth quarter of 2023, driven largely by bundle and multiproduct subscriber additions • Total digital-only average revenue per user (“ARPU”) increased 1.9 percent year-over-year to $9.21 primarily as a result of subscribers gra ...